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TRANSFORMING POWER FUND

DETROIT, Michigan, 48202

EIN: 87-3800736

Human Services - Multipurpose and Other

DEMOGRAPHIC

ADDRESS
7700 2ND AVE STE 500
48202
COUNTY
wayne county, MI
IN CARE OF NAME
JOAN ROSS

ORGANIZATIONAL OVERVIEW & RANKINGS

TRANSFORMING POWER FUND is a based in DETROIT, MI, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in June 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,641,968.00, this ranks 130,108 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 3,451 out of 79,991 organizations in MI (Top 5%).

In wayne county, MI, the organization ranks 606 out of 13,625 nonprofits by assets (Top 5%), while locally in detroit, it stands at 375 among 6,749 organizations (Top 6%).

The organization reported annual revenue of $3,022,399.00, ranking 66,424 nationally (Top 3%) and 1,806 in MI (Top 3%).

Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, TRANSFORMING POWER FUND ranks 1,059 in assets (Top 2%) and 731 in revenue (Top 2%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,022,399.00
FORM 990 REVENUE AMOUNT
$3,022,399.00
RULING DATE
06/2022
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,641,968.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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